Are you planning for the future? Did you know 42% of workers live paycheck to paycheck? Or that 29% of consumers have less than $1000 in savings?

Sometimes it’s good to have a bird’s eye view of the state of consumer spending and saving habits, and how they impact the economy. Although we are making some not so good financial decisions, there is always hope to turn things around and prepare for a more stable financial future.

Here are 10 shockingly interesting facts about the personal finance that you should be aware of to plan for a better financial future.

Graphic courtesy of Great Plains Lending